PATRON, Announces New Exchange Listings, a Buyback Program, and Coin Burn

Aug 27, 2018 at 12:32 // PR
PATRON Announces New Exchange Listings

PATRON, a subsidiary of EXTRAVAGANZA INTERNATIONAL, INC., has announced an aggressive plan to benefit current and new token holders. The plan will consist of a token swap that will be accompanied by a buy-back program and at least five new exchange listings.

CEO Atsushi Hisatsumi led the company through a $40 million token sale and several initial exchange listings. The company recently made headlines for partnering with a few leading influencers in the United States, including Saweetie. The company was recently  featured in Forbes as the top blockchain startup to watch.

The upcoming plan will begin with continuous exchange listings and a buyback program that will see the board of directors burn a portion of their tokens to benefit the greater community. Also, a proposed token swap is also in the works.

Recent and Upcoming Exchange Listings

The leadership team of  PATRON have slated five exchange listings to help acquire new token holders, increase liquidity, and increase transaction volume. Currently, five exchanges have approved PAT tokens for listing:  Hotbit,  ExtratesYobitChangellyLATOKEN.

The team has also announced its intention of listing on leading South Korean exchange, Kucoin in the upcoming weeks. Details will be announced when confirmed. PAT is also in the running at CoinEx for listing. You can vote for PAT to win the listing competition  here.

PAT Token Buy-Back and Coin Burn

Currently, PATRON (PAT) is targeting to launch a mainnet by late September to October. In order to do this, there is a possibility of a platform change and resulting token swap needed for compatibility. In the case another blockchain platform, besides Ethereum, is used, token holders will be guided on the migration and swap.

At the time of the mainnet launch,  PATRON will notify current holders of both host wallets and guest wallets. You will need to be a current holder of PAT tokens to participate in the token swap. In addition, the PATRON team is going to perform a “buyback” and “coinburn” of PAT tokens at this time. These are at the request of the PAT community to help with liquidity and appreciation of PAT tokens. PAT tokens will also be burned from the team’s pool.

Crypto Finance Conference, California (September 5-7)

The Patron team will be attending the  Crypto Finance Conference in California on September 5th. CEO Atsushi Hisatsumi will be a guest speaker. The event will take place at the  Ritz-Carlton at Laguna Niguel. Other confirmed speakers and guests include Chris Larsen (Ripple Chairman), Tim Draper (Draper Associates), David Namdar (Galaxy Digital), Bill Tai, Jeffrey Wernick, Catherine Ross, Dane Morehead, and more.

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Media Contact
Name: Kosuke Takada

Patron is the source of this content. This press release is for informational purposes only and should not be viewed as an endorsement by CoinIdol. We take no responsibility and give no guarantees, warranties or representations, implied or otherwise, for the content or accuracy. Readers should do their own research before investing funds in any company.

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